Higher education degrees have always been viewed mainly as a means to an end from the beginning of time. And when you’re a kid, you’re told that you can’t succeed in life if you’re not studying one of the “holy three” professions: law, medicine, or accountancy. But after Apple’s co-founder dropped out of school after one semester, things started to shift. It began to distort the perfect image that had been held up for years. It is 2022, and three of the most influential tech billionaires on the planet, Bill Gates, Mark Zuckerberg, and Michael Dell, are well-known dropouts. Additionally, it serves to launch Signify Pro Trading Group officially. A platform that educates and assists both experienced and novice forex traders in making profits regularly was developed, no less by a medical school dropout.
Njoku Prince Hugo was born to a typical Nigerian family in Lagos. From a young age, his perspective on life, and everything that orbited around it, differed from that of the several billion others that sauntered the earth. As a result, he’d found it difficult to socialize with his peers. Hugo always loved to face challenges most people would shy away from; the higher the difficulty level, like a moth to a flame, the more he’s drawn to it. That was the only reason he chose to study medicine at school. And as you’d come to expect, Hugo excelled at it. He was a first-class student with tunnel vision on graduating and becoming a successful doctor that saved lives. But, at some point, Hugo soon got bored of the rudiments of formal education. He had always been creative at heart; experiencing new ideas and amassing knowledge that wasn’t human anatomy were what he now yearned for. He had hoped that medicine would plug that chasm because of how arduous it was, but that wasn’t the case.
Meanwhile, while Hugo’s introspection was happening, The interest of Nigerians in forex trading gradually bubbled to the brim due to the penetration of mobile devices. The forex exchange happens to be one of the world’s financial markets. Together with the recently famous cryptocurrency, they’ve aided the growth of Nigeria’s financial sector. That growth, however, shouldn’t go without mentioning how instrumental the interest of Nigeria’s youth was in all of it. Forex trading primarily involves converting one national currency into another, and according to reports, forex trading has seen a roughly 300% growth since March 2020.
Most traders’ accounts (60%) are from Africa, Southeast Asia, and Eastern Europe. 2020 also happens to be the year Hugo stuck all his fingers into the proverbial forex pie. He had had previous brushes with it back when he studied medicine, but he never paid it much attention. When asked how his journey into trading digital assets began, he responded, wearing an easy smile, “In school, I had a friend who was shoulders deep into forex, and he kept urging me to get on the forex bandwagon –which I did for a bare minute– but no man can really serve two masters. I had beginner’s luck, so I made a few bucks here and there. The guy who taught me had one strategy called spot and resistance, which worked for the first week. It was just taking the trades. Once it gets to support, enter the trade and go long. So I did that a couple of times, and it looked super promising. It was around that time I began reevaluating staying in school. I did that for three months before COVID hit, and right before the lockdown was in full swing, I flew to Akure. It was while I was there that I took the
executive decision to focus on forex trading squarely. I spent the next month studying all I could about trading but lacked practical examples.” While most people burnt through their finances during the safety-driven, government-mandated holiday, Hugo scorched through his funds, understanding the practical side of trading, having spent one-month guzzling in all the knowledge he could. But he didn’t let that stop him from trading. Hugo didn’t count his losses but some worth as a learning curve. He added to his previous statement by saying, “Losses are part of the trading process. Sometimes in life, you must fail to succeed; the same goes for trades. That loss then molds you into becoming a better trader. It comes with a certain level of clarity. You realized that you can’t trade this way, and then your journey into becoming a better, more experienced trader.”
Two years later, Hugo is an autodidact professional trader. He wants to use his brand-new forex platform to mentor other traders and help them avoid the mistakes and pitfalls he made when he was just getting started. Aspiring traders enter the market unprepared because they erroneously believe that trading forex is a quick method to earn money. They don’t do the necessary research, and because their bad transactions are profit-driven, they invest a lot of money and lose a lot more. When asked what makes him credible enough to teach other people, he retorted, “When I started trading, I just plunged into the deep end without any safety nor much knowledge. And I’m sure that’s what 90% of traders do. You analyze the market, get into a trade, pick a leverage level you like, pick a risk level you like, and enter with any size in your portfolio. All you care about is profit; how much money are you making? You have days when you lose 10% of your portfolio on a single trade. And then you have another trade where you risk, hypothetically, 15% of your portfolio, but it was profitable, and you’ve made 40 to 45% profit. That compensates for the loss of the 10% initially lost. You are excited by the idea of you making money until the losses start rolling in again. That’s the modus operandi of a beginner trader; they lack profit consistency. The time you’re consistently profitable is when you start to document your trades. You have to document your trades, that’s a key thing to know about trading. Most people are consumed by making money, and they lose sight of the whole process of learning how to trade. I’ve gone through that process to the point that I’ve been constantly profitable for the last eight months. Surely that must count for something.”
In a follow-up response to being asked what exactly this platform’s primary objectives are, he replied, “Our primary goal at Signify Pro Trading Group isn’t to help you trade; instead, we give out cryptocurrency signals to help new, inexperienced traders and experienced ones
make profits consistently. We give you the trade signals, tell you when to trade, and walk you through how to make these trades.
Credibility is one of the investors’ many concerns for every investment approved for capital infusion. How knowledgeable are the purported experts, how reliable are their returns, and what is the investment’s profit-to-loss ratio? These are some of the thoughts that potential investors bounce around. With a good number of forex and crypto mavericks coming out only to vanish quickly, the odds are stacked against him. And these are some of the questions the CEO of Signify Pro Trading Group would have to answer. When questioned about his credibility as a forex expert, he explained, “We understand that the odds aren’t stacked in our favor because Nigerians are born skeptics, but we’re not asking anyone to give us access to their portfolio. They have autonomy over it. One of the things we are particular about is transparency.
We adopted a system where professionals manage your account without direct control. Our signals are automated with risk management, so you stay protected with a maximum loss of 5% per trade. Of course, for those who can’t deal with the day-to-day of it due to prior engagement, we can come in and handle your account, but that’s entirely up to you. In terms of returns on our trades, they’ve been fantastic. When we started in November, we made 400% on $JASMY. And leapfrogging off, we’ve recorded 80% accuracy on all our features trades monthly. Currently, on our forex trades, we’ve had 100% this month–no losses. I understand these numbers seem crazy, but it is what it is.
Another thing we at Signify are critical of is risk management. What ranks highest for most forex traders and forex is the fear of losing their tangible assets before profit. The number one reason that is the case is that they lack the proper education on risk management. The second reason is they aren’t accurate enough. Signify Pro has done its homework to tackle those problems. To reduce and manage risk, we have solved it by introducing our auto trading bot, which enters into a trade with a set amount of risk per trade, that way, you can’t get blown out with one loss. For the accuracy part, as I stated before, that is at 80%. Our track record can be seen on our website signifyprotrading.com. Whatever questions you might have, there’s an answer to it there. We also have a Telegram group that backs up most of these claims.” In finality, to respond to the profit-to-loss ratio and what differentiates Signify Pro from its competitors, he replied proudly, For every trade, we ensure the profit-to-loss ratio is at 2.0, which means you’re making twice as much as you’re losing. That coupled with the fact that you’re to peek behind the curtains without relinquishing control of your money is very reassuring.”